The organisation was recognised as a leader for the sixth consecutive year.
Workday Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today announced it has been named a Leader in the Gartner Magic Quadrant for Cloud HCM Suites for 1,000+ Employee Enterprises1. Workday was recognised as a leader for the sixth consecutive year and positioned the highest for overall Ability To Execute.
The events of the past 18 months have emphasised the importance of having a unified HCM system that can help organizations keep pace with the changing world of work.
More than 3,700 global customers, including Acxiom, Aurecon, BMO Financial Group, EMC Insurance Companies, Rocket Companies, Wellesley College, and more use Workday Human Capital Management (HCM) to gain operational visibility, manage their workforce, and meet talent needs while helping them scale and grow their business.
Continued Innovations for the Employee Experience
Employee experience has moved to the top of the business agenda as organizations look to adopt new working models and invest in ways to keep employees engaged during changing workforce dynamics.
In March 2021, Workday completed its acquisition of Peakon to help provide better insights into employee experience, career development, and belonging and diversity initiatives. With real-time visibility into employee sentiment and productivity -- and their drivers -- Workday is enabling organizations to turn these insights into action and elevate the voice of their employees.
Workday has also delivered product innovations that offer customers a simple, connected and more engaging employee experience with Workday Everywhere. By bringing Workday tasks and insights directly into digital workspaces where employees are already doing most of their collaboration and communicating, they can quickly access Workday without having to toggle between different applications.
Increased Investments in Skills
Amid the recovery from the pandemic-generated recession, skills have emerged as a critical component to managing and optimizing talent.
Organizations are continuing to adopt skills innovations from Workday. To date, more than 1,000 organizations are using Skills Cloud, which is included with Workday HCM, to more effectively hire, engage, and retain their workforce.
As customers embrace a skills-based people strategy -- where workers are valued and rewarded for their skills and how they apply them to create organizational value -- they can incorporate skills across Workday HCM including Workday Recruiting, Workday Learning, Talent Marketplace, and Career Hub for a connected talent experience.